6533b85dfe1ef96bd12beb30
RESEARCH PRODUCT
WHY DO OBJECTIVE WAGE LEVELS HAVE LESSER IMPACT THAN RELATIVE EARNINGS ON WORK SATISFACTION? COMPARISON OF OBJECTIVE AND SUBJECTIVE WORK EVALUATIONS IN THE CONTEXT OF JOB CHOICE DECISIONS
subject
Employee Satisfaction; Core Self-EvaluationsSubjective wage evaluationdescription
One of the main factors determining job selection decisions are wage levels. Yet a lot of studies show that wages have only a small, diminishing impact on job (and life) satisfaction (Easterlin, 2011; Diener and Biswas-Diener, 2002; Kahnemann and Keaton, 2010). Especially, the short term positive wage-increase effect, is moderated by attained level of income in relation to other’s people earnings (Clark, 2011). This allows for the hypothesis, that the individual evaluation of work compensation will have a stronger impact on work satisfaction than the direct effect of wages has. The presented study compares psychological and economical variable’s impact on job satisfaction. The results, in which a higher level personality variable - core selfevaluations (Judge et al. 1998; Walczak & Derbis, 2017) shows a far stronger impact on job satisfaction than wages or other economic variables, are discussed in light of job choice decisions.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2017-01-01 |